As Depicted in the Reaching Beyond Our Borders, Box, "General

question 8

True/False

As depicted in the Reaching Beyond our Borders, box, "General Electric Looks for More Profits", in order to compete globally, corporate strategy should not try to match the performance of competitors.

---

Definitions:

Foreign Currency Translation

The process of converting the financial statements of a company into the currency of the primary economic environment in which it operates.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, often referred to as shareholders' equity.

Stock Dividend

A dividend payment to shareholders in the form of additional shares rather than cash.

Additional Paid-in Capital

The amount of capital paid by investors above the par value of the stock during equity issuance.